Entergy posts higher profit, gives 2010 view

MichelleDonley

BOSTON (MarketWatch) -- Entergy Corp.
ETR, +0.50%
said Tuesday that its fourth-quarter earnings rose to $313.8 million, or $1.64 a share, from $170.6 million, or 89 cents a share, in the year-earlier period. On an operational basis, earnings increased to $1.75 a share from 99 cents a share a share. Analysts polled by FactSet Research were expecting earnings of $1.54 a share. The integrated energy company also forecasted 2010 operational earnings in the range of $6.40 to $7.20 a share and reported earnings of $6.15 to $6.95 a share.

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